PPP Loan information for Electric motor services

$51,900

Electric motor services was initially approved for PPP Loan of amount $51,900, the current approved amount is $51,900. The loan was approved on 04/30/2020 by The Eastern Michigan Bank reported 3 jobs and $51,900 was used to fund payroll.

Electric motor services is Existing or more than 2 years old

ELECTRIC MOTOR SERVICES

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ELECTRIC MOTOR SERVICES

Borrower Address

3340 LAPEER RD

Borrower City

PORT HURON

Borrower State

MI

Borrower Zip

48060-2586

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51900.00

Current Approval Amount

51900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORT HURON

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48060-2586

CD

MI-09

Jobs Reported

3

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52569.72

Forgiveness Date

08/19/2021

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